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GW Coastal Coastal Virginia Offshore Wind (CVOW) commercial project to infrastructure investment group Stonepeak. The Richmond, Virginia–headquartered utility in an […] The post Dominion Sells 50% Stake in $10B Offshore Wind Project appeared first on POWER Magazine.
Efforts to combat climate change drive the growth of renewable energy technologies as governments and utility companies increase investments in solar and wind installations to meet rising electricity demands. Onshore […] The post Coating Technologies Crucial for Offshore Wind Farms appeared first on POWER Magazine.
JERA, the largest power generation company in Japan, said the 112-MW Ishikari Bay New Port offshore wind farm has entered commercial operation. The utility, along with Green Power Investment Corp. […] The post Japan’s Largest Offshore Wind Farm Now Online appeared first on POWER Magazine.
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offshore collaboration with Chevron beyond the existing partnerships in Ballymore (40 percent TotalEnergies) which achieved first production this year, Anchor (37.14 Offshore production potential” Ballymore is in the Mississippi Canyon in the Gulf’s deep waters. The leases sit 175-330 kilometers (108.74-205.05
Azerbaijan’s First Utility-Scale Solar Project Online. Officials in Azerbaijan in November announced the country’s first and largest utility-scale solar photovoltaic power plant is now operating. The The post POWER Digest [January 2024] appeared first on POWER Magazine.
The offshore rig market recovery appears to have taken a pause, with demand tapering off and marketed utilization hitting the lowest levels recorded since recovery began in 2021
Vår Energi has entered into a collaboration agreement with TechnipFMC Norge for delivery of subsea projects utilizing its integrated model to fast-track future developments…
Life cycle analysis or assessments (LCAs) are a quintessential tool for power and utility industry professionals and tradespeople. They determine the environmental and financial value of new technologies. Consumer products […] The post Shining Light on Life Cycle Analysis for Renewable Energy Systems appeared first on POWER Magazine.
Customs and Border Protection (“CBP”) published a new ruling on Jones Act compliance in the installation of offshore wind turbines. Offshore installations often use subsea pipes and cables, and at times these pipes and cables need to be protected by placing concrete mats over them after the initial installation on the seafloor.
built offshore wind substation departed from a Texas fabrication facility where Danish multinational energy company, Ørsted, and domestic energy provider, Eversource, partnered to build the revolutionary vessel. The Kansas-engineered substation was designed and built by Kiewit Offshore Services, Ltd., the largest U.S. 1331 et seq.
Norges Bank Investment Management signed an agreement with RWE to acquire a 49 percent stake in the German utility's Nordseecluster and Thor offshore wind projects in Germany and Denmark respectively.
In the meantime, more questions than answers remain regarding the regulatory framework for offshore CCS. One issue is the method Interior will use to authorize offshore CCS – by lease, easement, or right-of-way (or some combination thereof).
In its release, Maersk Training noted that the new maritime and safety training facility at Fletcher Technical Community College will primarily serve the offshore oil and gas industry and the maritime sector.
Offshore accommodation rig provider Prosafe has published an operational update for February 2025, achieving fleet utilization of 57%.The The companys accommodation rigs Safe Notos
Destined for use in the offshore wind sector, the new vessel will go on service with the German utility EnBW and precede the decade-long minimum charter contract the firm signed in 2024. URL: [link] The post North Star names first vessel for offshore wind services appeared first on Offshore Energies UK (OEUK).
Meanwhile, Enis offshore drilling campaign in Libyas Sirte Basin is set to be one of the most closely watched exploration programs in 2025, with four exploration wells in the pipeline. Engineering and construction activities for the Structure A platform are already underway, with offshore drilling set to begin in the first half of 2025.
Pexaparks data is informed by more than 1,000 monthly pricing data points collected from utilities, trading houses and corporates operating within the renewable energy market. To manage these emerging challenges, trading and risk professionals have a critical need for accurate daily pricing intelligence and market insights.
French utility Engie has completed Africa's largest wind farm four months early, it said on Tuesday, as it targets the Middle East and North Africa as a priority region for future renewables growth…
“The FLNGs will be located in close proximity of each other, offshore in the Gulf of San Matias Gulf in the province of Rio Negro, Argentina. “FLNG Hilli will initially utilize spare volumes from the existing pipeline network.
With recent increased investments in wind power, the development of floating offshore wind farms presents the potential to access areas previously unavailable. On floating offshore wind farms, a wind turbine is attached to a floating structure which is tethered to the sea floor, as opposed to the turbine being a fixed foundation in the sea.
Their work involves a combination of exploration, development, and operational support, utilizing advanced geophysical and geological techniques. Support Carbon Capture, Utilization, and Storage (CCUS) initiatives by conducting subsurface evaluations. Manage and streamline geoscience data workflows using SQL, Python, and GIS tools.
UK Firm Pioneers Offshore CCS & Hydrogen Storage with Innovative Well Technology Key Points: A UK firm introduces a groundbreaking well re-entry and re-abandonment tool for offshore CCS and hydrogen storage. This tool enables the re-utilization of existing offshore wells for carbon capture and hydrogen storage projects.
Within the first six weeks of 2022, both state and federal governments have taken steps toward offshore wind energy development off the coast of Louisiana. The development of offshore wind energy would aid in meeting the State’s goal to achieve net zero emissions by 2050. In addition to Action 1.3,
Korea Research Institute of Ships & Ocean Engineering (KRISO) has achieved a crucial milestone with the approval in principle (AIP) from the American Bureau of Shipping (ABS) for its innovative offshore hydrogen and ammonia production platform design.
percent increase from the previous year, the Spanish multinational power utility said in an online statement. “The entry into operation of offshore wind projects in the coming quarters and investments in networks will improve cash generation”, Iberdrola said. percent increase from the prior year. percent against Q1 2024.
These technologies will work together to improve drilling efficiency, increase equipment utilization and provide real-time data insights for better execution. Please upgrade your browser to improve your experience. Already a member?
Respondents also shared their view on how storage technology, such as battery energy storage systems, and alternate renewable deployments such as agri-PV, floating solar and offshore wind, can be maximized. Key data takeaways from the report: 93.7% This years conference will be held April 3-4, 2025, in Espacio COAM, Madrid.
AI-Powered Green Hydrogen Production: Revolutionizing Offshore Energy Key Points: AI technology drives efficiency in offshore green hydrogen production. The innovative approach aims to maximize renewable energy utilization at sea. AI enhances monitoring, safety, and cost-effectiveness of hydrogen generation.
billion) utilized to boost the region’s energy production. Eni has been a key player in the energy sector, especially following the discovery of the Zohr offshore gas field in 2015the largest in the Mediterranean. However, further details regarding the investment have not been disclosed.
The contract includes the supply of carbon steel OCTG products with premium connections, to be delivered in 2026 to support Qatar’s increasing onshore and offshore drilling activity, the company said in a news release. This new order demonstrates our competitiveness in supplying significant quantities of premium tubes and connections.
Image by Andrzej Rostek via iStock SLB said it was awarded an engineering, procurement and construction (EPC) contract by Equinor for the OneSubsea joint venture related to a carbon dioxide (CO2) subsea injection system for the Northern Lights phase two project offshore Norway.
With recent increased investments in wind power, the development of floating offshore wind farms presents the potential to access areas previously unavailable. On floating offshore wind farms, a wind turbine is attached to a floating structure which is tethered to the sea floor, as opposed to the turbine being a fixed foundation in the sea.
The post Real time onshore visibility on your offshore assets – digital twins in oil and gas appeared first on IFS Blog. According to a recent report from EY analysing the Norwegian Oilfield Services in 2018, all oil and gas sectors will.
million, while an Offshore Wind Farm in the UK increased its revenue by 6%, demonstrating how data-driven decisions can simultaneously optimize business performance and advance sustainability goals. In a successful implementation at a UK offshore wind farm, our proprietary algorithms improved forecasting accuracy by 3.2%
Dolphyn Hydrogen Progress in South Wales Located in Wales, the project is expected to use Dolphyn Hydrogen’s technology to provide “credible engineering-backed evidence to support offshore hydrogen production.” Wales and West Utilities’
While the country has proven deposits of natural gasboth offshore and in onshore shale basinsas well as significant oil potential, lack of investment and environmental opposition has impacted development.
To expand US critical mineral supplies, Chevron will leverage its drilling expertise and utilize advanced direct lithium extraction (DLE) technologies for future production. support for renewable energy has fallen since 2022, with backing for offshore wind expansion dropping from 59% to 44% and for solar farms from about 66% to 50%.
have signed a heads of agreement for the Australian company to export liquefied natural gas (LNG) to the Japanese power utility in the winter months for at least five years. percent stake in the Scarborough field offshore Western Australia to Japanese companies: 15.1 Image by BJP7images via iStock JERA Co. Last year Woodside sold a 25.1
Spanish electric utility firm Iberdrola has appointed Pedro Azagra as its new chief executive officer (CEO).Before Before the new appointment, Azagra held the position…
Global consulting and engineering company Wood has been awarded an engineering design contract for ADNOC Offshores Lower Zakum development The scope involves detailed engineering design for Package 5 of ADNOC Offshores Lower Zakum Long-Term Development Phase 1 (LTDP1) project, on the UAEs Das Island.
Offshore activity held at 13 rigs (-9 y/y). The system shares data with Texas’ Utilities Commission to identify critical infrastructure under SB 3/HB 3648 laws, linking upstream production to power plants. Read more Baker Hughes reports U.S. rig count down 4 to 559 rigs Summary : U.S.
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